Oloneo has announced that PhotoEngine 1.0 will become available on May 31, 2011. PhotoEngine, which has been in public beta testing for the past 9 months, is a High Dynamic Range and raw processing application with a number of interesting capabilities.

PhotoEngine will be available for Windows XP SP3 or later, and will cost US$149/€125. Of a potential Mac OS version, Oloneo says only that one "is not available at this time". The company is offering a limited-time 25% discount to beta users who sign up to receive the company's newsletter before May 31, 2011.